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0000898822-08-000211.txt : 20080212
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20080212150508
ACCESSION NUMBER: 0000898822-08-000211
CONFORMED SUBMISSION TYPE: DEFA14A
PUBLIC DOCUMENT COUNT: 9
FILED AS OF DATE: 20080212
DATE AS OF CHANGE: 20080212
EFFECTIVENESS DATE: 20080212
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: BEA SYSTEMS INC
CENTRAL INDEX KEY: 0001031798
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 770394711
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0131
FILING VALUES:
FORM TYPE: DEFA14A
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-22369
FILM NUMBER: 08597847
BUSINESS ADDRESS:
STREET 1: 2315 NORTH FIRST STREET
STREET 2: -
CITY: SAN JOSE
STATE: CA
ZIP: 95131
BUSINESS PHONE: 4085708000
MAIL ADDRESS:
STREET 1: 2315 NORTH FIRST STREET
STREET 2: -
CITY: SAN JOSE
STATE: CA
ZIP: 95131
DEFA14A
1
oraclefinalfaq.htm
oraclefinalfaq.htm -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
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SCHEDULE 14A |
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Proxy Statement Pursuant to Section 14(a) of
the Securities Exchange Act of 1934 |
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Filed by the Registrant x |
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Filed by a Party other than the Registrant ¨ |
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Check the appropriate box: |
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¨ Preliminary Proxy Statement |
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¨ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
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¨ Definitive Proxy Statement |
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¨ Definitive Additional Materials |
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x Soliciting Material Pursuant to §240.14a-12 |
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BEA Systems, Inc.
(Name of Registrant as Specified In Its Charter) |
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N/A
(Name of Person(s) Filing Proxy Statement, if other than the Registrant) |
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Payment of Filing Fee (Check the appropriate box): |
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x No fee required. |
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¨ Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. |
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Title of each class of securities to which transaction applies: |
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Proposed maximum aggregate value of transaction: |
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¨ Fee paid previously with preliminary materials. |
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Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the
filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement
number, or the Form or Schedule and the date of its filing. |
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Persons who are to respond to the collection of information contained in this form are not |
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required to respond unless the form displays a currently valid OMB control number. |
Overview |
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Oracle has announced a definitive agreement to acquire BEA |
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Customers are expected to benefit from the combined Oracle and |
Systems, Inc., a leading provider of enterprise application |
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BEA solutions by building applications that maximize data |
infrastructure solutions. The proposed transaction is subject to |
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center investments, preserve investments in existing enterprise |
various closing conditions, including regulatory, stockholder and |
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applications, manage existing Web-based applications better, |
other approvals. Until the deal closes, each company will |
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and help develop new Web-based applications faster. Moreover, |
continue to operate independently, and it is business as usual. |
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the transaction will significantly strengthen the Java community, |
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and powerfully advance the vision of open, standards-based |
Oracles goal with the proposed transaction is threefold: |
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computing |
accelerate innovation in the enterprise applications infrastructure |
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area, extend our strategic relationships with customers and |
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The combination of Oracle and BEA will accelerate product |
partners, and to preserve and enhance customers investments in |
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innovation due to a larger combined R&D budget, provide a |
BEA products. |
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larger global footprint of sales and services professionals to |
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address customer needs, and ensure a more consistent level of |
The proposed combination of Oracle and BEA will bring |
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support across multiple product areas. |
together two companies with complementary assets but with a |
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common vision of an open-standards, service-oriented |
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Oracle expects that its Fusion Middleware will evolve as the |
architecture (SOA) infrastructure. The combination will also |
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centerpiece of the combined companies middleware offerings |
bring together two of the leading experts in Java and SOA |
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going forward after the close of the transaction. Oracle intends to |
technologies and accelerate innovation across the combined |
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preserve and enhance customers investments in BEA products as |
companies customer bases. |
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Oracle has done with its other acquisitions. After the close of the |
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transaction, BEA customers can continue to use their existing |
The combined Oracle and BEA offerings are expected to provide |
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BEA products going forward, or choose to use Oracle and BEA |
a comprehensive and complementary product footprint in |
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products as part of the ongoing evolution of Fusion Middleware. |
enterprise application infrastructure solutions. Oracle provides |
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Either way, it will be the customers choice. Oracle is committed |
leading database and SOA solutions, while BEA provides |
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to 100% customer retention and satisfaction. |
world-class, open-standards Java-based application products and |
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a highly scalable messaging and transaction processing platform. |
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Together, Oracle and BEA will provide a series of other |
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complementary middleware solutions, including identity |
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management, business intelligence and performance |
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management, enterprise content management, and vertical- |
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specific technologies like a communications service delivery |
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platform. |
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FREQUENTLY ASKED QUESTIONS |
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Product Overview and Strategy |
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What is the combined Oracle and BEA product roadmap |
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after the closing? |
What products does BEA currently develop and support? |
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Oracle expects that its Fusion Middleware will evolve as the |
BEA is a provider of enterprise application infrastructure software, a |
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centerpiece of the combined companies middleware offerings |
rapidly growing category of enterprise software that bridges |
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going forward. BEA products are expected to evolve into |
information from disparate databases and applications. Customers |
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components of Fusion Middleware as Oracle and BEA |
often use these solutions to build standards-based enterprise |
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development teams jointly develop a next generation set of |
applications, built on a service-oriented architecture (SOA) in |
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enterprise application infrastructure products based on an open- |
heterogeneous IT environments. |
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standards, service-oriented architecture. Given Oracles and BEAs |
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common focus on open standards and SOA technologies, product |
BEA develops and supports three principal product lines: WebLogic, |
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integration and interoperability will be accomplished gracefully. |
Tuxedo and AquaLogic: |
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Oracles Hot Pluggable Fusion Middleware already interoperates |
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with and runs on a number of BEAs products today. |
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WebLogic product family provides Java developers an |
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application infrastructure software platform for constructing |
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Oracle will support BEA products in a similar manner to other |
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Web-based applications, Web services, business processes and |
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recent Oracle acquisitions. BEA customers can continue to use |
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portals, and application integration |
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their existing BEA products going forward, or use Oracle and BEA |
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products as part of the ongoing evolution of Fusion Middleware. |
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Tuxedo is a scalable multi-language, high-performance |
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messaging and highly distributed transaction processing |
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Will Oracle continue to support customers running BEA |
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platform for mission-critical applications |
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solutions on non-Oracle databases? |
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AquaLogic product family includes service infrastructure |
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Oracle will continue BEAs support of heterogeneous database |
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products that enable customers to deploy SOA implementations |
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environments, continuing Oracles Hot-Pluggable strategy with |
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our Fusion Middleware solutions today. |
How will BEA fit into Oracles overall middleware |
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software strategy after the closing? |
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Will Oracle continue to support customers running BEA |
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solutions with non-Oracle ERP and CRM applications? |
We see an exceptional strategic fit between Oracle and BEA in |
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terms of complementary product strengths, geographic strengths, |
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Oracles Fusion Middleware solutions today support non-Oracle |
and industry strengths. Middleware is a strategic focus for Oracle. |
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ERP and CRM applications. Oracle will continue to support BEAs |
The combination extends Oracles middleware capabilities to |
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solutions with alternative ERP and CRM applications to serve |
include a comprehensive set of enterprise application infrastructure |
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customer needs. |
solutions. Specifically, BEA offers complementary products |
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including a leading set of Java-based Application Server |
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How compatible are BEAs products with Oracles |
technology for Web-based applications, and a leading Java-based |
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products? |
messaging and transaction processing platform. Oracle has a |
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leading set of products to help customers build modular, service- |
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BEA and Oracle products are very compatible. BEA brings a |
oriented applications in addition to other middleware products |
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complementary set of solutions, using industry standards that are |
like identity management, business process management, |
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already integrated with the Oracle database and Oracle |
enterprise content management, user interaction and web 2.0, |
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applications. Thousands of customers use both BEA and Oracle |
business intelligence and enterprise performance management. |
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products, and many of the leading companies in industries like |
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Financial Services, Communications, Public Sector, Manufacturing |
With the proposed combination, Oracle will be able to provide a |
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and Retail rely on Oracle and BEA for their mission-critical |
comprehensive set of middleware solutions based on best-of-breed |
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applications today. |
technologies incorporated into a standards-based, hot-pluggable |
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Fusion Middleware platform. |
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Customers and Partners |
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Oracle Fusion Middleware customers are expected to benefit from |
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the increased R&D, sales and distribution capability, and support |
How is the proposed transaction between Oracle and |
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investment by Oracle in enterprise application infrastructure |
BEA expected to benefit BEA customers? |
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solutions. |
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Oracle and BEA share a common vision of an open-standards, |
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How is the proposed transaction expected to benefit |
service-oriented architecture for customers. Oracle believes that |
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partners? |
together, the two companies will accelerate the adoption of these |
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solutions by bringing together their resources and working more |
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Oracle and BEA partners are expected to benefit by working with a |
closely with customers to address their enterprise application |
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leading vendor to address customer needs for enterprise application |
infrastructure needs. BEA customers are expected to benefit in a |
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infrastructure solutions. Oracle partners are expected to benefit from |
number of ways: |
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BEAs leading Java tools, messaging applications and communications |
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platform. BEA partners are expected to benefit from Oracles |
Increased R&D investment across the combined products |
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increased support of BEA partners and increased investment in the |
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combined solutions. Both companies partners are expected to benefit |
Extended value from integrated Oracle products that add security |
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from the complementary solutions that provide an opportunity to |
and identity management, content management, business |
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increase business value and drive down the cost of ownership |
intelligence, and performance management, among other |
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throughout an integrated, standards-based enterprise software stack. |
middleware applications to BEA solutions |
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How will Oracle continue to support and broaden |
Investment protection, extension and enhancements as BEA and |
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relationships with BEA partners after the closing? |
Oracle will provide better integration of their complementary |
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solutions |
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After the closing, Oracle expects to: |
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Access to Oracles global sales, sales consulting, support and |
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Enable BEA partners to take advantage of Oracles extensive |
services organization and broad partner network |
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ecosystem of partners around the world |
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For common Oracle and BEA customers, consolidated and |
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Provide access to Oracle PartnerNetwork and establish a partner |
consistent support across multiple product lines |
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focus area for BEA partners |
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How will customers investments in BEA solutions be |
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Support BEA OEM partners and grow those relationships |
protected by Oracle? |
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Accelerate go-to-market capabilities with BEAs 2,000+ partners |
Oracle is committed to 100% customer retention and satisfaction. |
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Oracle expects that customer investments in BEA solutions will be |
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Work with key system integrators to drive further innovation in |
supported and protected after the closing. Oracle will support BEA |
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enterprise application infrastructure solutions |
products in a similar manner to other recent Oracle acquisitions. |
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BEA products will also evolve as part of Fusion Middleware. |
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Business Continuity |
As an Oracle Fusion Middleware customer, what will be |
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the impact of the proposed transaction with BEA? |
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Can I still purchase BEA products? |
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Current and future Oracle Fusion Middleware customers are |
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Yes. BEA and Oracle will remain separate companies until the |
expected to benefit from the proposed transaction in a number of |
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closing of the acquisition. Please contact your existing BEA sales |
ways. First, the combination of Oracle and BEA brings together |
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representative to assist you, or visit www.bea.com for contact |
two leading product development experts in Java and SOA |
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information. |
technologies, which are expected to ultimately lead to greater |
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innovation in the future. Second, Oracle expects to continue to |
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focus on the current Fusion Middleware roadmap and incorporate |
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components of BEA solutions over time after the closing. Finally, |
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Should BEA customers continue to call BEA customer |
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Cautionary Statement Regarding Forward-Looking Statements
This document is for informational purposes only and may not be incorporated
into a contract. This document contains certain forward-looking statements
about Oracle and BEA including statements that involve risks and uncertainties
concerning Oracle's proposed acquisition of BEA. Actual events or results may
differ materially from those described in this press release due to a number of
risks and uncertainties, many of which are beyond the control of Oracle and
BEA. The potential risks and uncertainties include, among others, the possibility
that the transaction will not close or that the closing may be delayed, general
economic conditions and industry specific conditions. In addition, please refer
to the documents that Oracle and BEA, respectively, file with the Securities and
Exchange Commission on Forms 10-K, 10-Q and 8-K. These filings identify and
address other important factors that could cause Oracle and BEA's respective
financial and operational results to differ materially from those contained in the
forward-looking statements set forth in this document. Accordingly, no assur-
ances can be given that any of the events anticipated by the forward-looking
statements will transpire or occur, or if any of them do so, what impact they
will have on the results of operations or financial condition of Oracle or BEA.
Oracle and BEA are under no duty to update any of the forward-looking state-
ments after the date of this document to conform to actual results. |
support? |
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Yes, BEA and Oracle will remain separate companies until the |
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closing of the acquisition. BEA customers should continue to use |
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existing BEA contacts for support, professional services and sales |
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to address immediate and ongoing needs. We will communicate |
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all changes and transitions occurring after the close of the |
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transaction well in advance through these familiar channels. |
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Should BEA customers continue to contact their BEA |
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sales representative? |
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Yes. Until the closing of the transaction, BEA continues to operate |
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as a separate business and, until further advised, customers should |
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continue to rely on existing relationships. |
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Will training on BEA products continue? |
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Yes. Until the closing of the transaction, BEA continues to operate |
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Additional Information about the Merger and Where to Find it
BEA will file with the SEC a proxy statement and BEA and Oracle will file other
relevant materials in connection with the proposed acquisition of BEA by Oracle
pursuant to the terms of an Agreement and Plan of Merger by and among Ora-
cle, Bronco Acquisition Corporation, a wholly-owned subsidiary of Oracle, and
BEA. The materials to be filed by BEA with the SEC may be obtained free of
charge at the SEC's web site at www.sec.gov. Investors and security holders
of BEA are urged to read the proxy statement and the other relevant materials
when they become available before making any voting or investment decision
with respect to the proposed merger. |
as a separate business. After the closing, we plan to combine the |
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BEA education program with Oracle University. We want to |
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ensure that our customers software provides the best possible |
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service for their organizations, and we know excellent training is |
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critical to reach that goal. |
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Will the BEA leadership and employees be retained? |
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The proposed acquisition of BEA demonstrates Oracles |
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commitment to enterprise application infrastructure software. |
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Oracle and certain of Oracle's executive officers and directors may be deemed
to be participants in the solicitation of proxies of BEA stockholders in connec-
tion with the proposed merger. Investors and security holders may obtain more
detailed information regarding the names, affiliations and interests of certain of
Oracle's executive officers and directors in the solicitation by reading the proxy
statement and other relevant materials filed with the SEC when they become
available. |
BEA employees have significant domain expertise in this area and |
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are expected to be an integral part of the middleware business |
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within Oracle for the combined companies. |
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What is the acquisition integration timeline? |
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Until the transaction officially closes, we cannot comment on |
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BEA and its executive officers and directors may be deemed to be participants
in the solicitation of proxies from BEA stockholders in favor of the proposed
transaction. Certain executive officers and directors of BEA have interests in
the transaction that may differ from the interests of stockholders generally.
These interests will be described in the proxy statement when it becomes
available. |
future integration plans; we will communicate any updates to |
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customers and partners when they become available. |
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Where can I find out more information about the |
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proposed Oracle and BEA combination? |
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For more information, please visit oracle.com/BEA |
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Copyright © 2008, Oracle Corporation and/or its affiliates. All rights reserved. Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners. |
Cautionary Statement Regarding Forward-Looking Statements
This document contains certain forward-looking statements about BEA that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. These factors include, but are not limited to, the risk that Nasdaq may delist BEAs common stock for failure to comply with any Nasdaq listing requirement; the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement; the outcome of any legal proceedings that may be instituted against BEA and others following announcement of the proposal or the merger agreement; the inability to complete the merger due to the failure to obtain stockholder approval; the inability to obtain necessary regulatory approvals required to complete the merger; the risk that the proposed transaction disrupts current plans and operations and the potential difficulties in empl
oyee retention as a result of the merger; the ability to recognize the benefits of the merger or of any combination of BEA and Oracle; the timing of the initiation, progress or cancellation of significant contracts or arrangements, the mix and timing of services sold in a particular period; and the possibility that BEA may be adversely affected by other economic, business, and/or competitive factors. BEA is under no duty to update any of the forward-looking statements after the date of this document to conform to actual results.
These and other risks that are set forth in the Risk Factors, Legal Proceedings and Management's Discussion and Analysis of Financial Condition and Results of Operations sections of and elsewhere in BEA's Form 10-K for the year ended January 31, 2007 that was filed with the Securities and Exchange Commission on November 15, 2007. Many of the factors that will determine the outcome of the subject matter of this release are beyond BEAs ability to control or predict.
Important Additional Information Regarding the Merger will be filed with the SEC.
In connection with the proposed merger, on January 7, 2008, BEA filed a preliminary proxy statement with the Securities and Exchange Commission (the SEC). Investors and security holders are advised to read the preliminary proxy statement and, when it becomes available, the definitive proxy statement as well as any other relevant documents filed with the SEC when they become available because they will contain important information about the merger and the parties to the merger. Investors and security holders may obtain a free copy of the proxy statements and other documents filed by BEA at the SEC website at http://www.sec.gov. The proxy statements and other documents filed by
BEA with the SEC also may be obtained for free at BEAs Internet website at www.bea.com/investors or by writing to BEA Systems, Inc., 2315 North First Street, San Jose, CA 95131, Attn: Investor Relations Department. In connection with the special meeting of BEA stockholders to approve the adoption of merger agreement, BEA will mail copies of the definitive proxy statement to BEA stockholders who are entitled to attend and vote at the special meeting.
The information in the preliminary proxy statement is not complete and may be changed. Before making any voting or investment decisions with respect to the proposed acquisition or any of the other matters with respect to which BEAs stockholders will be asked to vote pursuant to the proxy statement, BEAs stockholders are urged to read the definitive proxy statement other documents filed by BEA when they become available.
GRAPHIC
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